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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Foreign Commonwealth and Development Office |
| Main Category: | Services |
| Procurement Method: | Open procedure (above threshold) |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £559,900 |
| Release Date: | 29 October 2024 |
| Application Deadline: | 27 August 2024 |
| Contract Start Date: | 8 October 2024 |
| Contract End Date: | 8 October 2029 |
| Contract Duration: | 5.1 years |
| Procurement ID (OCID): | ocds-b5fd17-17232965-18cc-4d1b-abbd-abc5beb0c8fd |
| Notice Reference: | 2d26c51d-6023-4a33-a0e5-52425437feb4-798237 |
All 3 notices for this procurement, oldest first.
ITT for the Provision of Global Estate Asset Valuation Services - MENA
ITT for the Provision of Global Estate Asset Valuation Services - MENA
Awarded Contract for the Provision of Global Estate Asset Valuation Services - MENA
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
View Original Notice
Access the full notice on the official portal
Awarded to
| Award value: | £559,900 |
| Award decision date: | 10 October 2024 |
| Award status: | Active |
The Foreign, Commonwealth and Development Office (FCDO) has estate property around the world (including the United Kingdom) and operates in over 280 different locations. The estate comprises Embassies & High Commissions (anything from a stand-alone, freehold building on a secure compound, to a fitted-out leased office in a multi-occupied, high-rise building), visa offices, Residences for Heads of Post and residential buildings for diplomats. Additionally, there are individual "legacy" properties such as churches, cemeteries, etc. The FCDO has a financial reporting requirement (IFRS), supported by HM Treasury Government Financial Reporting Manual, to revalue the Estate's assets to ensure they are well managed, correctly recorded and accurately valued in the annual accounts. The Estates, Security and Network Directorate (ESND) of the FCDO, on behalf of the Secretary of State for Foreign, Commonwealth and Development Affairs, requires valuations, inspection and rent ceiling assessments of the FCDO Estate within the Middle East and North Africa (MENA) region and, other Government departments, if required. The scope of this contract includes valuation and inspection services of the FCDO Estate. The Successful Supplier is required to provide impairment valuations, rent ceiling assessments and ad-hoc consultancy services where requested. The Contract will be for an initial 5 year period with an option to extend for up to a further 2 years. Additional information: The requirement was procured via the Foreign, Commonwealth and Development Office's eprocurement portal: https://fcdo.bravosolution.co.uk. Suppliers, who were not previously registered on the portal, who were interested in being considered for this opportunity needed self-register on the site in order to participate - registration is free and instantaneous.
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Pipeline status
Not addedImports the contract into your BidWriter pipeline · Qualify before you commit to bid
Application Deadline
27 August 2024
Closed
Estimated Value
£559,900
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